Overview
What is Arkansas Industrial And Economic Development Foundation Inc?
The Arkansas Industrial and Economic Development Foundation Inc, based in Little Rock, AR, is a nonprofit organization established to bolster the efforts of the Arkansas Economic Development Commission. Their primary mission is to augment state legislative allocations, facilitating the development of resources and the attraction of new businesses to Arkansas. Through hosting various events, they strive to promote economic growth within the state, serving as a catalyst for prospective business ventures.
Is Arkansas Industrial And Economic Development Foundation Inc legitimate?
Arkansas Industrial And Economic Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Industrial And Economic Development Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Arkansas Industrial And Economic Development Foundation Inc?
The Arkansas Industrial and Economic Development Foundation's primary objective is to support the Arkansas Economic Development Commission by enhancing state resources and attracting new businesses. It accomplishes this by hosting events aimed at encouraging economic development in Arkansas. The foundation's mission, in essence, is to supplement legislative appropriations and contribute to the state's economic growth by attracting prospective businesses.
Who is the CEO of Arkansas Industrial And Economic Development Foundation Inc?
Gus Vratsinas is the President of Arkansas Industrial And Economic Development Foundation Inc.
What is the revenue of Arkansas Industrial And Economic Development Foundation Inc?
Arkansas Industrial And Economic Development Foundation Inc's revenue in 2022 was $86,500.
Who are the executives of Arkansas Industrial And Economic Development Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990EZ for Arkansas Industrial And Economic Development Foundation Inc?
Arkansas Industrial And Economic Development Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Arkansas Industrial And Economic Development Foundation Inc
The Arkansas Industrial and Economic Development Foundation, an entity established solely to support the Arkansas Economic Development Commission, is committed to enhancing resources and drawing in new businesses to the state. Its primary mission is to supplement the state's legislative appropriations, working tirelessly to foster economic development within Arkansas. To achieve this goal, the foundation has organized various events aimed at capturing the attention of prospective businesses, promoting the state's economic potential, and fostering growth. Although no specific details regarding the nature of these events or the types of businesses attracted are provided in the information, it can be inferred that the foundation plays a crucial role in attracting and supporting new businesses in Arkansas, contributing to the state's overall economic development.
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Impact
October, 2024
The Arkansas Industrial and Economic Development Foundation Inc plays a crucial role in enhancing economic growth and development within the state. By supplementing state legislative appropriations, the foundation helps develop essential resources that are attractive to new businesses, fostering a more robust economic environment in Arkansas.
Through its various events aimed at prospective businesses, the foundation actively promotes the state as a desirable location for investment and development. This not only helps create jobs but also encourages innovations and entrepreneurship, which are vital for long-term economic stability. The foundation's efforts contribute significantly to making Arkansas a competitive player in the regional and national economies, facilitating community improvement and elevating the quality of life for its residents.
This information is meant to be a general summary of Arkansas Industrial And Economic Development Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $86,500
Assets and Liabilities:
- Total Assets: $8,201
- Total Liabilities: $0
- Net Assets: $8,201
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Organization Details
Phone
(501) 682-7354Principal Officer
Gus Vratsinas
Main Address
PO BOX 1784, LITTLE ROCK, AR, 72203
NTEE Category
Code: S11 - Community improvement
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